| Market | National |
|---|---|
| May-24 Average Rent | $8.00 |
| 12-Month Change | 7.5% |
| Avg Rate Signed in Last 12 Months | $10.25 |
| Vacancy Rate | 5.6% |
| Market | Inland Empire |
| May-24 Average Rent | $10.19 |
| 12-Month Change | 12.6% |
| Avg Rate Signed in Last 12 Months | $13.75 |
| Vacancy Rate | 6.6% |
| Market | Los Angeles |
| May-24 Average Rent | $14.57 |
| 12-Month Change | 11.6% |
| Avg Rate Signed in Last 12 Months | $19.28 |
| Vacancy Rate | 7.3% |
| Market | Miami |
| May-24 Average Rent | $11.43 |
| 12-Month Change | 11.4% |
| Avg Rate Signed in Last 12 Months | $16.98 |
| Vacancy Rate | 4.5% |
| Market | New Jersey |
| May-24 Average Rent | $10.71 |
| 12-Month Change | 9.6% |
| Avg Rate Signed in Last 12 Months | $13.17 |
| Vacancy Rate | 5.7% |
| Market | Phoenix |
| May-24 Average Rent | $8.95 |
| 12-Month Change | 8.7% |
| Avg Rate Signed in Last 12 Months | $11.94 |
| Vacancy Rate | 4.7% |
| Market | Orange County |
| May-24 Average Rent | $15.49 |
| 12-Month Change | 8.6% |
| Avg Rate Signed in Last 12 Months | $17.75 |
| Vacancy Rate | 4.8% |
| Market | Seattle |
| May-24 Average Rent | $11.18 |
| 12-Month Change | 8.2% |
| Avg Rate Signed in Last 12 Months | $12.77 |
| Vacancy Rate | 7.2% |
| Market | Boston |
| May-24 Average Rent | $10.58 |
| 12-Month Change | 7.8% |
| Avg Rate Signed in Last 12 Months | $13.36 |
| Vacancy Rate | 9.0% |
| Market | Bridgeport |
| May-24 Average Rent | $10.58 |
| 12-Month Change | 7.8% |
| Avg Rate Signed in Last 12 Months | $12.71 |
| Vacancy Rate | 4.0% |
| Market | Nashville |
| May-24 Average Rent | $6.02 |
| 12-Month Change | 7.7% |
| Avg Rate Signed in Last 12 Months | $9.28 |
| Vacancy Rate | 3.8% |
| Market | Atlanta |
| May-24 Average Rent | $5.76 |
| 12-Month Change | 7.7% |
| Avg Rate Signed in Last 12 Months | $8.84 |
| Vacancy Rate | 5.6% |
| Market | Tampa |
| May-24 Average Rent | $7.76 |
| 12-Month Change | 7.3% |
| Avg Rate Signed in Last 12 Months | $11.15 |
| Vacancy Rate | 6.7% |
| Market | Baltimore |
| May-24 Average Rent | $7.99 |
| 12-Month Change | 6.8% |
| Avg Rate Signed in Last 12 Months | $8.52 |
| Vacancy Rate | 6.5% |
| Market | Dallas–Fort Worth |
| May-24 Average Rent | $5.95 |
| 12-Month Change | 6.6% |
| Avg Rate Signed in Last 12 Months | $9.00 |
| Vacancy Rate | 5.3% |
| Market | Central Valley |
| May-24 Average Rent | $6.25 |
| 12-Month Change | 6.5% |
| Avg Rate Signed in Last 12 Months | $9.09 |
| Vacancy Rate | 4.1% |
| Market | Columbus |
| May-24 Average Rent | $4.82 |
| 12-Month Change | 6.4% |
| Avg Rate Signed in Last 12 Months | $6.16 |
| Vacancy Rate | 2.7% |
| Market | Portland |
| May-24 Average Rent | $9.64 |
| 12-Month Change | 6.4% |
| Avg Rate Signed in Last 12 Months | $10.89 |
| Vacancy Rate | 4.3% |
| Market | Philadelphia |
| May-24 Average Rent | $7.76 |
| 12-Month Change | 5.9% |
| Avg Rate Signed in Last 12 Months | $9.94 |
| Vacancy Rate | 4.7% |
| Market | Charlotte |
| May-24 Average Rent | $6.75 |
| 12-Month Change | 5.8% |
| Avg Rate Signed in Last 12 Months | $9.82 |
| Vacancy Rate | 4.1% |
| Market | Cincinnati |
| May-24 Average Rent | $4.86 |
| 12-Month Change | 5.7% |
| Avg Rate Signed in Last 12 Months | $6.11 |
| Vacancy Rate | 4.8% |
| Market | Twin Cities |
| May-24 Average Rent | $6.86 |
| 12-Month Change | 5.4% |
| Avg Rate Signed in Last 12 Months | $7.36 |
| Vacancy Rate | 5.6% |
| Market | Memphis |
| May-24 Average Rent | $3.95 |
| 12-Month Change | 5.3% |
| Avg Rate Signed in Last 12 Months | $4.56 |
| Vacancy Rate | 5.2% |
| Market | Bay Area |
| May-24 Average Rent | $13.29 |
| 12-Month Change | 5.3% |
| Avg Rate Signed in Last 12 Months | $15.90 |
| Vacancy Rate | 5.1% |
| Market | Indianapolis |
| May-24 Average Rent | $4.68 |
| 12-Month Change | 5.2% |
| Avg Rate Signed in Last 12 Months | $7.25 |
| Vacancy Rate | 4.7% |
| Market | Denver |
| May-24 Average Rent | $8.35 |
| 12-Month Change | 4.6% |
| Avg Rate Signed in Last 12 Months | $8.51 |
| Vacancy Rate | 8.4% |
| Market | Houston |
| May-24 Average Rent | $6.60 |
| 12-Month Change | 4.4% |
| Avg Rate Signed in Last 12 Months | $8.02 |
| Vacancy Rate | 8.0% |
| Market | Chicago |
| May-24 Average Rent | $6.08 |
| 12-Month Change | 4.3% |
| Avg Rate Signed in Last 12 Months | $8.00 |
| Vacancy Rate | 4.9% |
| Market | Kansas City |
| May-24 Average Rent | $4.87 |
| 12-Month Change | 3.6% |
| Avg Rate Signed in Last 12 Months | $5.58 |
| Vacancy Rate | 3.8% |
| Market | Detroit |
| May-24 Average Rent | $6.95 |
| 12-Month Change | 3.6% |
| Avg Rate Signed in Last 12 Months | $6.70 |
| Vacancy Rate | 4.9% |
| Market | St. Louis |
| May-24 Average Rent | $4.89 |
| 12-Month Change | 3.4% |
| Avg Rate Signed in Last 12 Months | $5.28 |
| Vacancy Rate | 7.1% |
| National | $8.00 | 7.5% | $10.25 | 5.6% |
|---|---|---|---|---|
| Inland Empire | $10.19 | 12.6% | $13.75 | 6.6% |
| Los Angeles | $14.57 | 11.6% | $19.28 | 7.3% |
| Miami | $11.43 | 11.4% | $16.98 | 4.5% |
| New Jersey | $10.71 | 9.6% | $13.17 | 5.7% |
| Phoenix | $8.95 | 8.7% | $11.94 | 4.7% |
| Orange County | $15.49 | 8.6% | $17.75 | 4.8% |
| Seattle | $11.18 | 8.2% | $12.77 | 7.2% |
| Boston | $10.58 | 7.8% | $13.36 | 9.0% |
| Bridgeport | $10.58 | 7.8% | $12.71 | 4.0% |
| Nashville | $6.02 | 7.7% | $9.28 | 3.8% |
| Atlanta | $5.76 | 7.7% | $8.84 | 5.6% |
| Tampa | $7.76 | 7.3% | $11.15 | 6.7% |
| Baltimore | $7.99 | 6.8% | $8.52 | 6.5% |
| Dallas–Fort Worth | $5.95 | 6.6% | $9.00 | 5.3% |
| Central Valley | $6.25 | 6.5% | $9.09 | 4.1% |
| Columbus | $4.82 | 6.4% | $6.16 | 2.7% |
| Portland | $9.64 | 6.4% | $10.89 | 4.3% |
| Philadelphia | $7.76 | 5.9% | $9.94 | 4.7% |
| Charlotte | $6.75 | 5.8% | $9.82 | 4.1% |
| Cincinnati | $4.86 | 5.7% | $6.11 | 4.8% |
| Twin Cities | $6.86 | 5.4% | $7.36 | 5.6% |
| Memphis | $3.95 | 5.3% | $4.56 | 5.2% |
| Bay Area | $13.29 | 5.3% | $15.90 | 5.1% |
| Indianapolis | $4.68 | 5.2% | $7.25 | 4.7% |
| Denver | $8.35 | 4.6% | $8.51 | 8.4% |
| Houston | $6.60 | 4.4% | $8.02 | 8.0% |
| Chicago | $6.08 | 4.3% | $8.00 | 4.9% |
| Kansas City | $4.87 | 3.6% | $5.58 | 3.8% |
| Detroit | $6.95 | 3.6% | $6.70 | 4.9% |
| St. Louis | $4.89 | 3.4% | $5.28 | 7.1% |